Beautiful catch on GBPUSD before weekend
Sell Limit off 80% of the 127M candle which initially was the extreme of the leg that pushed price to break the low from 01/09. Price has therefore come back up to mitigate some of the orders in the area which also holds some significance being in the NY session. SL set on the extreme high risking 6.6 pips in order to run this down to the extreme low from 09/09. Will take partials at 1.38000 as price loves the 50s and 80s. Already have set stop loss to break even as its broken some significant structure so now let's wait and see. 24:1 R&R. Lets goooooooo fam!
Sell Limit off 80% of the 127M candle which initially was the extreme of the leg that pushed price to break the low from 01/09. Price has therefore come back up to mitigate some of the orders in the area which also holds some significance being in the NY session. SL set on the extreme high risking 6.6 pips in order to run this down to the extreme low from 09/09. Will take partials at 1.38000 as price loves the 50s and 80s. Already have set stop loss to break even as its broken some significant structure so now let's wait and see. 24:1 R&R. Lets goooooooo fam!